SMITH A O CORP (AOS)
A. O. Smith Corporation manufactures and markets residential and commercial gas, heat pump and electric water heaters, boilers, tanks, and water treatment products in North America, China, Europe, and India. It operates through two segments, North America and Rest of World. The company offers water heaters for residences, restaurants, hotels and motels, office buildings, laundries, car washes, and small businesses; commercial boilers for hospitals, schools, hotels, and other large commercial buildings, as well as residential boilers for homes, apartments, and condominiums; and water treatment products comprising point-of-entry water softeners, well water solutions, and whole-home water filtration products, on-the-go filtration bottles, point-of-use carbon, and reverse osmosis products for residences, restaurants, hotels, and offices. It also provides food and beverage filtration products; expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts; and heat pumps, electric wall-hung, gas tankless, combi-boiler, heat pump and solar water heaters. The company offers its products primarily under the A. O. Smith, State, Lochinvar, and water softener brands. It distributes its products through independent wholesale plumbing distributors, as well as through retail channels consisting of hardware and home center chains, and manufacturer representative firms; and offers Aquasana branded products directly to consumers through e-commerce, as well as other online retailers. A. O. Smith Corporation was founded in 1874 and is headquartered in Milwaukee, Wisconsin.
Sector: Household Appliances
Industry: Industrial - Machinery
A. O. Smith Corporation
+0.39%$56.60
AH Close$56.60+0.00%vs close
AH Close$56.60+0.00%vs close
NASDAQ:AOSIndustrials
Mkt Cap$7.69B
Float109.57M
O/S135.91M
Inst Own92.6%
Dilution
Div Yield2.54%
Delisting Issues Timeline
Financials Summary
Revenue$3.83B
Net Income$546.2M
Total Assets$3.14B
Free Cash Flow$546M
Debt & Equity
Debt 27%
Equity 73%
Total Debt$676.7M
Total Equity$1.84B
Shares Outstanding
Short Interest
Split History3 splits
- 2:1Forward splitOct 6, 20161 share → 2
- 2:1Forward splitMay 16, 20131 share → 2
- 1.5:1Forward splitNov 16, 20101 share → 1.5
Balance Sheet Details
Assets$3.64B
Liabilities$1.8B
Accounts Receivable$669.8M
Accounts Payable$525.7M
Inventory$482.7M
PP&E (Net)$668.7M
Goodwill$915.2M
Intangible Assets$589M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 | FY 1988 | FY 1987 | FY 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 | 1991-12-31 | 1990-12-31 | 1989-12-31 | 1988-12-31 | 1987-12-31 | 1986-12-31 |
| Revenue | $3.83B | $3.82B | $3.85B | $3.75B | $3.54B | $2.9B | $2.99B | $3.19B | $3B | $2.69B | $2.54B | $2.36B | $2.15B | $1.94B | $1.71B | $1.49B | $1.38B | $2.3B | $2.31B | $2.16B | $1.69B | $1.65B | $1.53B | $1.47B | $1.15B | $1.25B | $1.07B | $800.8M | $678.21M | $781.19M | $696.7M | $648M | $1.19B | $1.05B | $879.7M | $935.2M | $976.3M | $1.02B | $970.4M | $910.9M |
| YoY Growth | 31.7% | -90.1% | 263.5% | 607.5% | 2222.9% | -325.5% | -612.3% | 638.0% | 1157.2% | 589.0% | 766.1% | 938.8% | 1106.1% | 1337.6% | 1485.3% | 831.3% | -4034.4% | -31.1% | 697.7% | 2794.8% | 218.4% | 799.6% | 419.3% | 2762.0% | -775.6% | 1659.3% | 3365.8% | 1807.6% | -1318.3% | 1212.8% | 751.5% | -4572.2% | 1410.4% | 1893.8% | -593.5% | -421.0% | -385.1% | 463.7% | 653.2% | - |
| Cost of Revenue | $2.34B | $2.36B | $2.37B | $2.42B | $2.23B | $1.79B | $1.81B | $1.88B | $1.76B | $1.57B | $1.53B | $1.5B | $1.38B | $1.29B | $1.2B | $1.04B | $1.49B | $1.81B | $1.8B | $1.7B | $1.34B | $1.36B | $1.23B | $1.17B | $948.82M | $999.82M | $832.37M | $730.54M | $662.23M | $614.22M | $1.32B | $1.16B | $1.02B | $864.2M | $754.9M | $779.9M | $852.3M | $877.3M | $846.3M | $775.2M |
| Gross Profit | $1.49B | $1.46B | $1.48B | $1.33B | $1.31B | $1.11B | $1.18B | $1.31B | $1.24B | $1.12B | $1.01B | $859.3M | $773.8M | $652M | $512.6M | $446M | $500.7M | $497.5M | $513.4M | $463.9M | $352M | $298M | $298.7M | $299.76M | $202.34M | $248.12M | $206.91M | $187.03M | $170.71M | $166.97M | $223.18M | $211.45M | $178.47M | $182.1M | $124.8M | $155.3M | $124M | $138.1M | $124.1M | $135.7M |
| Gross Margin | 3883.3% | 3813.7% | 3853.8% | 3541.9% | 3704.3% | 3827.6% | 3945.3% | 4095.2% | 4133.5% | 4167.3% | 3981.1% | 3647.3% | 3592.7% | 3362.0% | 2996.8% | 2994.7% | 3641.5% | 2158.4% | 2220.5% | 2146.4% | 2083.8% | 1802.7% | 1951.4% | 2040.4% | 1757.7% | 1988.3% | 1933.1% | 2335.5% | 2517.1% | 2137.4% | 3203.4% | 3263.1% | 1494.9% | 1740.4% | 1418.7% | 1660.6% | 1270.1% | 1360.1% | 1278.9% | 1489.7% |
| Research and Development | $0 | $101.7M | $97.5M | $89M | $94.2M | $80.7M | $87.9M | $94M | $86.4M | $80.1M | $73.7M | $67.9M | $57.8M | $51.7M | $0 | $0 | $52.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $759.4M | $757.4M | $727.4M | $670.9M | $701.4M | $660.3M | $715.6M | $753.8M | $722.8M | $658.9M | $610.7M | $572.1M | $524.5M | $450.5M | $372.8M | $364.1M | $314M | $357.4M | $363M | $324M | $251.8M | $235.8M | $206.2M | $206.17M | $145.74M | $153.69M | $110.61M | $106.62M | $107M | $107.35M | $113.02M | $108.86M | $96.34M | $85.6M | $68.9M | $68.2M | $62.9M | $64.6M | $64.2M | $59.2M |
| Other | $0 | -$119.8M | -$97.5M | -$89M | -$94.2M | -$80.7M | -$87.9M | -$94M | -$91M | -$80.1M | -$73.7M | -$67.9M | -$57.8M | -$51.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $200K | $282K | $6.96M | $6.93M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $39.5M | $36.2M | $33.5M | $31.6M | $30.8M | $28.2M | $25.4M |
| Total Operating Expenses | $759.4M | $739.3M | $727.4M | $670.9M | $701.4M | $660.3M | $715.6M | $753.8M | $718.2M | $658.9M | $610.7M | $572.1M | $524.5M | $450.5M | $372.8M | $364.1M | $366.6M | $357.4M | $363M | $324M | $251.8M | $235.8M | $206.4M | $206.45M | $152.7M | $160.63M | $110.61M | $106.62M | $107M | $107.35M | $113.02M | $108.86M | $96.34M | $125.1M | $105.1M | $101.7M | $94.5M | $95.4M | $92.4M | $84.6M |
| Operating Income (EBIT) | $728M | $716.8M | $757.4M | $658.7M | $609.5M | $446.2M | $466.8M | $551.7M | $520.5M | $460.4M | $399.1M | $287.2M | $249.3M | $201.5M | $139.8M | $57.1M | $89.6M | $140.1M | $150.4M | $139.9M | $100.2M | $62.2M | $92.3M | $93.31M | $49.64M | $87.5M | $96.3M | $80.4M | $63.71M | $59.63M | $110.16M | $102.59M | $82.13M | $57M | $19.7M | $53.6M | $29.5M | $42.7M | $31.7M | $51.1M |
| Operating Margin | 1900.7% | 1877.4% | 1965.8% | 1754.7% | 1722.3% | 1541.1% | 1559.8% | 1730.6% | 1736.9% | 1714.1% | 1573.4% | 1219.0% | 1157.5% | 1039.0% | 817.3% | 383.4% | 651.6% | 607.8% | 650.5% | 647.3% | 593.2% | 376.3% | 603.0% | 635.1% | 431.2% | 701.1% | 899.7% | 1004.0% | 939.4% | 763.3% | 1581.2% | 1583.1% | 687.9% | 544.8% | 223.9% | 573.1% | 302.2% | 420.5% | 326.7% | 561.0% |
| Interest Expense | $13.5M | $6.7M | $12M | $9.4M | $4.3M | $7.3M | $11M | $8.4M | $10.1M | $7.3M | $7.4M | $5.7M | $5.7M | $9.2M | $9.3M | $6.9M | $10.7M | $19.2M | $26.7M | $0 | $0 | $0 | $12.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$12.9M | -$15.8M | -$23.9M | -$435M | $16.1M | -$2.3M | $5.3M | $6.1M | $300K | $2.1M | $3.4M | -$500K | -$12.9M | $32.3M | $21.7M | $17.3M | $30M | -$30M | -$50.5M | -$35.1M | -$31.5M | -$14.7M | -$13.3M | -$14.92M | -$27.16M | -$22.41M | -$12.21M | -$6.06M | -$3.42M | -$17.3M | -$12.3M | -$12.2M | -$11.33M | -$14.7M | -$11.9M | -$11.4M | -$33.1M | -$12.4M | -$6.4M | -$1.7M |
| Income Before Tax (EBT) | $715.1M | $701M | $733.5M | $223.7M | $625.6M | $443.9M | $472.1M | $557.8M | $520.8M | $462.5M | $402.5M | $286.7M | $236.4M | $233.8M | $161.5M | $74.4M | $119.6M | $110.1M | $99.9M | $104.8M | $68.7M | $47.5M | $79M | $78.39M | $22.49M | $65.09M | $77.09M | $63.84M | $50.44M | $42.33M | $37.42M | $26.7M | $70.8M | $42.3M | $7.8M | $42.2M | -$3.6M | $30.3M | $25.3M | $49.4M |
| Income Tax Expense | $168.9M | $167.4M | $176.9M | -$12M | $138.5M | $99M | $102.1M | $113.6M | $224.3M | $136M | $119.6M | $78.9M | $66.7M | $71.2M | $50.3M | $17.3M | $29.6M | $27.9M | $11.7M | $28.6M | $22.2M | $12.1M | $26.8M | $27.05M | $7.98M | $23.43M | $26.82M | $23.19M | $18.37M | $17.08M | $13.43M | $9.63M | $28.12M | $15.1M | $2.8M | $11.7M | $1.4M | $11.3M | $9.9M | $23.3M |
| Net Income | $546.2M | $533.6M | $556.6M | $235.7M | $487.1M | $344.9M | $370M | $444.2M | $296.5M | $326.5M | $282.9M | $207.8M | $169.7M | $162.6M | $305.7M | $111.7M | $81.3M | $81.9M | $88.2M | $76.5M | $46.5M | $35.4M | $52.2M | $51.34M | $14.5M | $29.75M | $42.42M | $44.49M | $153.83M | $65.42M | $61.41M | $57.35M | $42.68M | -$17.3M | $5M | $30.5M | -$5M | $19M | $15.4M | $29M |
| Net Income Margin | 1426.0% | 1397.6% | 1444.7% | 627.9% | 1376.4% | 1191.2% | 1236.3% | 1393.4% | 989.4% | 1215.6% | 1115.3% | 882.0% | 787.9% | 838.4% | 1787.2% | 750.0% | 591.3% | 355.3% | 381.5% | 354.0% | 275.3% | 214.1% | 341.0% | 349.5% | 126.0% | 238.4% | 396.3% | 555.6% | 2268.2% | 837.4% | 881.5% | 885.0% | 357.5% | -165.3% | 56.8% | 326.1% | -51.2% | 187.1% | 158.7% | 318.4% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 3.86 | 3.65 | 3.71 | 1.52 | 3.05 | 2.14 | 2.24 | 2.60 | 1.72 | 1.87 | 1.59 | 1.15 | 0.93 | 0.88 | 1.67 | 0.61 | 0.57 | 0.45 | 0.48 | 0.42 | 0.26 | 0.20 | 0.30 | 0.32 | 0.10 | 0.21 | 0.31 | 0.32 | 0.62 | 0.39 | 0.37 | 0.34 | 0.25 | -0.10 | 0.03 | 0.17 | -0.03 | 0.10 | 0.08 | 0.16 |
| Diluted EPS | 3.86 | 3.63 | 3.69 | 1.51 | 3.02 | 2.12 | 2.22 | 2.58 | 1.70 | 1.85 | 1.58 | 1.14 | 0.91 | 0.87 | 0.83 | 0.60 | 0.57 | 0.45 | 0.47 | 0.41 | 0.26 | 0.20 | 0.29 | 0.31 | 0.10 | 0.21 | 0.30 | 0.31 | 0.92 | 0.39 | 0.37 | 0.34 | 0.25 | -0.10 | 0.03 | 0.17 | -0.03 | 0.10 | 0.08 | 0.16 |
| Weighted Average OS | 139.93M | 147.00M | 149.95M | 154.79M | 159.91M | 161.53M | 165.45M | 168.16M | 171.66M | 173.44M | 175.90M | 178.80M | 182.48M | 184.85M | 183.31M | 183.33M | 129.99M | 180.27M | 183.36M | 182.44M | 178.23M | 175.67M | 174.19M | 162.01M | 141.89M | 140.38M | 139.09M | 141.24M | 167.48M | 167.48M | 167.48M | 167.48M | 167.48M | 184.28M | 184.28M | 184.28M | 184.28M | 184.28M | 184.28M | 184.28M |
| EBITDA | $814.5M | $786.5M | $823.8M | $310M | $707.8M | $531.2M | $561.4M | $638.1M | $601M | $534.9M | $472.9M | $352.2M | $301.8M | $297.6M | $217.8M | $121M | $197.8M | $195.6M | $194.1M | $190.6M | $134.5M | $114.9M | $144.4M | $144M | $96.72M | $132.56M | $126.62M | $96.37M | $75.49M | $83.23M | $71.89M | $60.62M | $124.73M | $93.4M | $55M | $83.1M | $61.1M | $73.5M | $59.9M | $76.5M |
| EBITDA Margin | 2126.5% | 2059.9% | 2138.2% | 825.8% | 2000.1% | 1834.7% | 1875.9% | 2001.6% | 2005.5% | 1991.5% | 1864.4% | 1494.9% | 1401.2% | 1534.6% | 1273.3% | 812.5% | 1438.5% | 848.6% | 839.5% | 881.9% | 796.2% | 695.1% | 943.4% | 980.2% | 840.2% | 1062.2% | 1183.0% | 1203.4% | 1113.1% | 1065.4% | 1031.9% | 935.5% | 1044.8% | 892.7% | 625.2% | 888.6% | 625.8% | 723.9% | 617.3% | 839.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 | FY 1988 | FY 1987 | FY 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 | 1991-12-31 | 1990-12-31 | 1989-12-31 | 1988-12-31 | 1987-12-31 | 1986-12-31 |
| Assets | ||||||||||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $174.5M | $239.6M | $339.9M | $391.2M | $443.3M | $573.1M | $374M | $259.7M | $346.6M | $330.4M | $323.6M | $319.4M | $380.7M | $266.9M | $463.4M | $118.9M | $76.3M | $29.4M | $37.2M | $25.8M | $24M | $25.1M | $18.7M | $32.85M | $20.76M | $15.29M | $14.76M | $37.67M | $145.9M | $6.41M | $5.69M | $8.48M | $11.9M | $6M | $3.6M | $3.2M | $4.8M | $4.9M | $3.2M | $5.1M |
| Short-Term Investments | $18.7M | $36.5M | $23.5M | $90.6M | $188.1M | $116.5M | $177.4M | $385.3M | $473.4M | $424.2M | $321.6M | $222.5M | $105.3M | $196M | $162.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $193.2M | $276.1M | $363.4M | $481.8M | $631.4M | $689.6M | $551.4M | $645M | $820M | $754.6M | $645.2M | $541.9M | $486M | $462.9M | $625.8M | $118.9M | $76.3M | $29.4M | $37.2M | $25.8M | $24M | $25.1M | $18.7M | $32.85M | $20.76M | $15.29M | $14.76M | $37.67M | $145.9M | $6.41M | $5.69M | $8.48M | $11.9M | $6M | $3.6M | $3.2M | $4.8M | $4.9M | $3.2M | $5.1M |
| Accounts Receivable | $582.3M | $541.4M | $596M | $581.2M | $634.4M | $585M | $589.5M | $647.3M | $598.4M | $518.7M | $501.4M | $475.4M | $458.7M | $425.4M | $368.4M | $313.3M | $373.6M | $363.5M | $415.1M | $378.7M | $278.8M | $281.6M | $236.7M | $215.48M | $209.87M | $169.12M | $179.4M | $113.1M | $126.23M | $121.57M | $135.51M | $148.99M | $146.1M | $121.9M | $81.7M | $93.6M | $107.7M | $138.5M | $97.2M | $177.6M |
| Inventory | $479.3M | $532.1M | $497.4M | $516.4M | $447.7M | $300.1M | $303M | $304.7M | $291.2M | $251.1M | $222.9M | $208.3M | $193.4M | $163.4M | $168.4M | $146.8M | $215.1M | $282M | $261.8M | $297.3M | $225.4M | $233.5M | $247M | $200.35M | $194.71M | $169.63M | $163.44M | $99.98M | $79.05M | $80.44M | $103.54M | $110.86M | $89.8M | $78.4M | $71.8M | $85.5M | $89.3M | $90.6M | $89.1M | $85.2M |
| Other Current Assets | $36.7M | $43.3M | $43.5M | $54.3M | $39.1M | $43.3M | $56.5M | $41.5M | $57.2M | $37.6M | $33.8M | $93.4M | $67.5M | $55.5M | $46.1M | $317M | $75M | $106.4M | $53.5M | $58.2M | $47.8M | $46M | $45.3M | $39.57M | $52.24M | $43.35M | $31.03M | $17.13M | $14.55M | $16.95M | $107.74M | $61.18M | $56.07M | $27.9M | $52.1M | $75.4M | $69.2M | $55.1M | $31.6M | $39.4M |
| Total Current Assets | $1.29B | $1.39B | $1.5B | $1.63B | $1.75B | $1.62B | $1.5B | $1.64B | $1.77B | $1.56B | $1.4B | $1.32B | $1.21B | $1.11B | $1.21B | $896M | $740M | $781.3M | $767.6M | $760M | $576M | $585M | $547.7M | $488.25M | $477.57M | $406.1M | $388.63M | $287.39M | $365.73M | $239.21M | $352.49M | $329.52M | $303.88M | $234.2M | $209.2M | $257.7M | $271M | $289.1M | $221.1M | $307.3M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $681.4M | $661.5M | $634.8M | $620.5M | $639.2M | $582.9M | $592.3M | $540M | $528.9M | $461.9M | $442.7M | $427.7M | $391.3M | $345.7M | $315.3M | $258.4M | $412.3M | $418.9M | $421.1M | $427.2M | $356.9M | $358.8M | $358.7M | $362.73M | $355.3M | $282.83M | $283.49M | $248.77M | $207.76M | $182.6M | $447.36M | $401.78M | $375.01M | $364.1M | $350.2M | $328.6M | $298.9M | $283.5M | $282.4M | $254.9M |
| Goodwill | $710.6M | $761.7M | $633.4M | $619.7M | $627.8M | $546.8M | $546M | $513M | $516.7M | $491.5M | $420.9M | $428.8M | $433.5M | $435.4M | $433.8M | $323.8M | $567.8M | $505.1M | $512.9M | $499.7M | $313M | $0 | $303.8M | $0 | $0 | $0 | $0 | $146.9M | $51.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $362.3M | $321.1M | $336.7M | $347.9M | $364.8M | $323.9M | $338.4M | $293.1M | $308.7M | $308.3M | $291M | $308.5M | $324.8M | $338.7M | $352.7M | $106.6M | $119.5M | $78.3M | $86.6M | $87.8M | $10.5M | $313.2M | $7.1M | $309.15M | $301.92M | $244.82M | $251.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$34M | $0 | $0 | $0 | -$14.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5.1M | $0 | $0 | $39.9M | $0 | $40.1M | $2M | $24.6M | $89.7M | $29.2M | $49.8M | $34M | $0 | $3.4M | $0 | $14.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $97M | $102.8M | $108.7M | $110.5M | $90M | $89.1M | $80.9M | $92M | $76.2M | $67.3M | -$3.3M | $31.3M | -$3.8M | $36.2M | $13.9M | $437.5M | $32.5M | $50.5M | $66.2M | $65.2M | $32.9M | $55.8M | $62.6M | $64.72M | $159.13M | $125.42M | $140.78M | $84.37M | $91.25M | $463.18M | $153.08M | $116.56M | $144.21M | $170.7M | $194.9M | $202M | $225.8M | $235.1M | $178.5M | $131M |
| Total Long-Term Assets | $1.85B | $1.85B | $1.71B | $1.7B | $1.72B | $1.54B | $1.56B | $1.43B | $1.43B | $1.33B | $1.19B | $1.2B | $1.19B | $1.16B | $1.14B | $1.22B | $1.16B | $1.1B | $1.09B | $1.08B | $716.7M | $727.8M | $732.2M | $736.61M | $816.35M | $653.08M | $675.36M | $480.04M | $350.79M | $645.78M | $600.43M | $518.34M | $519.22M | $534.8M | $545.1M | $530.6M | $524.7M | $518.6M | $460.9M | $385.9M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3.14B | $3.24B | $3.21B | $3.33B | $3.47B | $3.16B | $3.06B | $3.07B | $3.2B | $2.89B | $2.65B | $2.52B | $2.39B | $2.27B | $2.35B | $2.11B | $1.9B | $1.88B | $1.85B | $1.84B | $1.29B | $1.31B | $1.28B | $1.22B | $1.29B | $1.06B | $1.06B | $767.43M | $716.52M | $884.99M | $952.92M | $847.86M | $823.1M | $769M | $754.3M | $788.3M | $795.7M | $807.7M | $682M | $693.2M |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $504.1M | $588.7M | $600.4M | $625.8M | $745.9M | $595.2M | $509.6M | $543.8M | $535M | $528.6M | $424.9M | $393.8M | $387.1M | $328.9M | $302.5M | $263M | $236.8M | $274.7M | $305.6M | $286.6M | $205.1M | $158.8M | $144.5M | $131.42M | $131.07M | $91.78M | $81.22M | $51.07M | $61.3M | $66.51M | $71.61M | $112.94M | $99.32M | $62.1M | $59.8M | $77.1M | $74.6M | $0 | $0 | $0 |
| Short-Term Debt | $42.3M | $10M | $10M | $10M | $6.8M | $6.8M | $6.8M | $0 | $7.5M | $7.2M | $12.9M | $13.7M | $14.2M | $18.6M | $18.6M | $18.6M | $21.1M | $17.5M | $15.6M | $6.9M | $6.9M | $8.6M | $105.4M | $11.67M | $16.55M | $11.13M | $9.63M | $4.63M | $5.59M | $11.93M | $4.93M | $7.25M | $14.42M | $12.8M | $6M | $7.3M | $4.1M | $3.9M | $19.1M | $81.3M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.5M | $5.7M | $7.4M | $6M | $3.4M | -$11.4M | $5.6M | $0 | $1.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $148.4M | $167.3M | $208.4M | $117M | $99.6M | $112.1M | $104.5M | $72.7M | $59.2M | $14.3M | $0 | $0 | $0 | $0 | $0 | $39.95M | $34.59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $75M | $67M | $65.3M | $63.6M | $70.9M | $47.8M | $41.8M | $162.1M | $155.2M | $145.5M | $133.9M | $127.4M | $127.9M | -$36.1M | -$10.4M | $3.9M | $58.3M | $13.6M | -$12.5M | -$4.2M | -$10.6M | -$9.7M | $6.2M | $21.26M | $20.36M | $13.27M | $18.02M | $33.08M | -$18.91M | -$9.24M | $102.69M | $11.63M | $11.66M | $96.7M | $106.6M | $121.2M | $118M | $168.4M | $117.5M | $135.1M |
| Total Current Liabilities | $862.5M | $897.2M | $945.3M | $934.2M | $1.12B | $886.3M | $766.5M | $785.3M | $788.5M | $765.6M | $653.2M | $605.2M | $590.9M | $506.3M | $519.9M | $536.8M | $491.3M | $505M | $472.6M | $437.3M | $307.6M | $245.2M | $338.6M | $261.68M | $255.95M | $170.43M | $168.44M | $132.16M | $127.88M | $138.39M | $213.65M | $215.92M | $223.19M | $171.6M | $172.4M | $205.6M | $196.7M | $172.3M | $136.6M | $216.4M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $112.7M | $183.2M | $117.3M | $334.5M | $189.9M | $106.4M | $277.2M | $221.4M | $402.9M | $316.4M | $236.1M | $210.1M | $177.7M | $225.1M | $443M | $242.4M | $232.1M | $317.3M | $379.6M | $432.1M | $162.4M | $272.5M | $170.1M | $239.08M | $390.38M | $316.37M | $351.25M | $131.2M | $100.97M | $238.45M | $190.94M | $166.13M | $190.57M | $236.6M | $176.1M | $156M | $154.6M | $138M | $121.1M | $83.9M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$6.3M | $145.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21.3M | $21.4M | $21M | $6.3M | $3.1M | $0 | $0 | $0 | $34.5M | $20.6M | $0 | $13.8M | $27.9M | $7.51M | $62.15M | $62.12M | $48.67M | $42.34M | $28.44M | $31.27M | $63.24M | $54.45M | $41.28M | $28.1M | $17.2M | $12.5M | $12.1M | $20.3M | $18M | $2.5M |
| Other Long-Term Liabilities | $272.5M | $252.6M | $279M | $293.5M | $311.2M | $285.3M | $308.8M | $347.8M | $357.1M | $293.7M | $276.3M | $297.3M | $273.2M | $347M | $297.2M | $451.4M | $388.1M | $420.5M | $209.9M | $265.3M | $209.8M | $190.7M | $167.1M | $205.53M | $133.56M | $61.86M | $64.54M | $60.64M | $59.52M | $52.24M | $106.75M | $98.62M | $98.42M | $88M | $101.7M | $130.3M | $161.2M | $185.5M | $114.6M | $108.3M |
| Total Long-Term Liabilities | $422.3M | $459.3M | $424.2M | $650.4M | $523.4M | $426.1M | $624.7M | $569.2M | $760M | $610.1M | $533.7M | $528.8M | $471.9M | $572.1M | $743.3M | $693.8M | $620.2M | $737.8M | $624M | $718M | $372.2M | $477M | $365.1M | $452.13M | $586.1M | $440.35M | $464.46M | $234.18M | $188.93M | $321.96M | $360.93M | $319.19M | $330.28M | $352.7M | $295M | $298.8M | $327.9M | $343.8M | $253.7M | $194.7M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.28B | $1.36B | $1.37B | $1.58B | $1.64B | $1.31B | $1.39B | $1.35B | $1.55B | $1.38B | $1.2B | $1.13B | $1.06B | $1.07B | $1.26B | $1.23B | $1.11B | $1.24B | $1.1B | $1.16B | $679.8M | $722.2M | $703.7M | $713.8M | $842.04M | $610.78M | $632.9M | $366.34M | $316.81M | $460.35M | $574.58M | $535.11M | $553.47M | $524.3M | $467.4M | $504.4M | $524.6M | $516.1M | $390.3M | $411.1M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $294.7M | $294.8M | $294.8M | $294.9M | $295.2M | $295.4M | $295.4M | $295.5M | $295.7M | $296M | $296.2M | $148.2M | $148.5M | $74.3M | $76.7M | $77.6M | $53.4M | $65.7M | $65.6M | $65.7M | $66.5M | $66.6M | $66.7M | $66.93M | $67.3M | $67.44M | $67.44M | $67.5M | $45.05M | $45.08M | $45.25M | $45.84M | $46.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $3.95B | $3.6B | $3.26B | $2.88B | $2.83B | $2.51B | $2.32B | $2.1B | $1.79B | $1.59B | $1.35B | $1.14B | $982.2M | $855.1M | $729.9M | $452.1M | $365.4M | $858.7M | $799M | $732.3M | $675.9M | $648.4M | $623.9M | $588.49M | $551.42M | $549.24M | $531.2M | $499.95M | $466.51M | $325.36M | $273.75M | $224.47M | $177.54M | $147.1M | $192.9M | $197.6M | $177.1M | $196.6M | $187.9M | $179.9M |
| Comprehensive Income & Other | -$98.6M | -$111.9M | -$84.2M | -$82.4M | -$331.4M | -$321.2M | -$348.3M | -$350.8M | -$299.5M | -$363.2M | -$313.4M | -$272M | -$259.1M | -$320.5M | -$300.9M | -$229.4M | -$230.9M | -$281.8M | -$99.3M | -$129.5M | -$140.2M | -$115.7M | -$97.2M | -$121.88M | -$6.86M | -$5.44M | -$3.24M | -$1.49M | -$1.58M | -$7.4M | -$7.5M | -$17.69M | -$9.98M | -$420M | -$364.4M | -$332.3M | -$311.2M | -$284.8M | -$265.4M | -$244.8M |
| Other Stockholders' Equity | -$2.39B | -$2.01B | -$1.71B | -$1.43B | -$1.29B | -$956.7M | -$952M | -$681.3M | -$439.5M | -$373.7M | -$204.6M | $97.6M | $198M | $264.7M | $279.2M | $351.7M | $371M | -$283.3M | -$106.8M | -$113.4M | -$129.5M | -$124.4M | -$114.4M | -$144.37M | -$166.84M | -$168.28M | -$167.56M | -$166.36M | -$111.86M | $54.19M | $53.36M | $42.44M | $46.05M | $97.6M | $94M | $86.3M | $94M | $95M | $103.8M | $102.2M |
| Total Equity | $1.86B | $1.88B | $1.84B | $1.75B | $1.83B | $1.85B | $1.67B | $1.72B | $1.65B | $1.52B | $1.44B | $1.38B | $1.33B | $1.19B | $1.09B | $881.4M | $789.8M | $641.1M | $757.8M | $684.6M | $612.9M | $590.6M | $576.2M | $511.05M | $451.88M | $448.39M | $431.08M | $401.09M | $399.7M | $424.64M | $372.36M | $312.75M | $269.63M | $244.7M | $286.9M | $283.9M | $271.1M | $291.6M | $291.7M | $282.1M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.98M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3.14B | $3.24B | $3.21B | $3.33B | $3.47B | $3.16B | $3.06B | $3.07B | $3.2B | $2.89B | $2.65B | $2.52B | $2.39B | $2.27B | $2.35B | $2.11B | $1.9B | $1.88B | $1.85B | $1.84B | $1.29B | $1.31B | $1.28B | $1.22B | $1.29B | $1.06B | $1.06B | $767.43M | $716.52M | $884.99M | $946.94M | $847.86M | $823.1M | $769M | $754.3M | $788.3M | $795.7M | $807.7M | $682M | $693.2M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $192.1M | $216.7M | $155.2M | $366.9M | $219M | $147.6M | $322.7M | $221.4M | $410.4M | $323.6M | $249M | $223.8M | $191.9M | $243.7M | $461.6M | $261M | $253.2M | $334.8M | $395.2M | $439M | $169.3M | $281.1M | $275.5M | $250.75M | $406.94M | $327.5M | $360.88M | $135.83M | $106.56M | $250.38M | $195.87M | $173.38M | $204.99M | $249.4M | $182.1M | $163.3M | $158.7M | $141.9M | $140.2M | $165.2M |
| Net Debt | $17.6M | -$22.9M | -$184.7M | -$24.3M | -$224.3M | -$425.5M | -$51.3M | -$38.3M | $63.8M | -$6.8M | -$74.6M | -$95.6M | -$188.8M | -$23.2M | -$1.8M | $142.1M | $176.9M | $305.4M | $358M | $413.2M | $145.3M | $256M | $256.8M | $217.91M | $386.18M | $312.21M | $346.12M | $98.17M | -$39.33M | $243.97M | $190.18M | $164.9M | $193.09M | $243.4M | $178.5M | $160.1M | $153.9M | $137M | $137M | $160.1M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-13 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 | 1991-12-31 | 1990-12-31 | 1989-12-31 |
| Operating Activities | |||||||||||||||||||||||||||||||||||||
| Net Income | $546.2M | $533.6M | $556.6M | $235.7M | $487.1M | $344.9M | $370M | $444.2M | $296.5M | $326.5M | $282.9M | $207.8M | $169.7M | $162.6M | $111.2M | $57.1M | $89.6M | $81.9M | $88.2M | $76.2M | $46.5M | $35.4M | $52.2M | $51.34M | $14.5M | $41.66M | $50.27M | $44.49M | $9.74M | $65.42M | $61.41M | $57.35M | $42.68M | $27.2M | $5M | $30.5M | -$5M |
| Depreciation & Amortization | $85.1M | $78.8M | $78.3M | $76.9M | $77.9M | $80M | $78.3M | $71.9M | $70.1M | $65.1M | $63M | $59.8M | $59.7M | $54.6M | $47M | $40.8M | $67.5M | $66.3M | $67.5M | $60.9M | $52.8M | $53.9M | $52.1M | $50.69M | $47.08M | $45.06M | $37.31M | $26.47M | $21.63M | $23.6M | $22.17M | $21.73M | $42.61M | -$39.5M | -$36.2M | -$33.5M | -$31.6M |
| Deferred Income Tax | $8.9M | -$4.6M | -$3.6M | -$167.7M | -$159.8M | -$79.7M | -$136.6M | $0 | $81.8M | $6.9M | -$8.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.26M | -$3.35M | $14.99M | $15.2M | $11.8M | -$22.9M | $400K | $4.7M | -$8.8M |
| Stock-Based Compensation | $13.8M | $14.9M | $11.5M | $11.1M | $11.9M | $12.7M | $13.3M | $10.1M | $9.9M | $9.4M | $8.8M | $10.8M | $10.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||||
| Accounts Receivable | -$36.4M | $49M | -$16.4M | $42.5M | -$25.5M | $4.5M | $29.1M | -$54.6M | -$75.8M | -$15.1M | -$25.9M | -$16.8M | -$32.3M | -$57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $56.9M | -$40.5M | $18.1M | -$82.8M | -$109.5M | $2.9M | $6.3M | -$7.7M | -$37.5M | -$23.4M | -$14.7M | -$14.9M | -$28.5M | $5M | $0 | $0 | $0 | $0 | $32.1M | -$28.6M | $12.1M | $12.9M | $0 | -$619K | $0 | -$6.19M | -$20.16M | -$8.9M | $7.54M | -$5.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$97.9M | -$5.9M | -$21.4M | -$89.4M | $142.9M | $85.6M | -$35.4M | $8.8M | -$5.1M | $101.5M | $31M | $6.9M | $58M | $26.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $40.2M | -$48.2M | $32.5M | -$52.2M | $56.3M | $31.5M | -$5.4M | -$23.8M | $68.3M | -$16.2M | $8.6M | -$5.8M | $27.5M | $5.7M | -$82.1M | -$46.3M | $113.8M | -$41.6M | $2.7M | $17.2M | $73.4M | -$37.8M | -$79.7M | $11.12M | -$11.49M | -$5.59M | -$20.5M | $7.05M | $6.89M | $32.55M | -$23.48M | -$16.01M | $3.33M | -$21.1M | -$15.3M | -$2.4M | $13.3M |
| Total Working Capital Change | -$37.2M | -$45.6M | $12.8M | -$181.9M | $64.2M | $124.5M | -$5.4M | -$77.3M | -$50.1M | $46.8M | -$1M | -$30.6M | $24.7M | -$19.9M | -$82.1M | -$46.3M | $113.8M | -$41.6M | $34.8M | -$11.4M | $85.5M | -$24.9M | -$79.7M | $10.5M | -$11.49M | -$11.78M | -$40.66M | -$1.84M | $14.43M | $27.06M | -$23.48M | -$5.37M | $3.33M | -$21.1M | -$15.3M | -$2.4M | $13.3M |
| Other Non-Cash Items | $0 | $4.7M | $14.7M | $417.3M | $159.8M | $79.7M | $136.6M | $0 | -$81.8M | -$8.1M | -$500K | $16.1M | $15M | -$53.5M | -$21.1M | $73.2M | -$3.3M | $0 | $0 | $15.7M | $1.9M | $2.2M | $600K | $2.63M | -$258K | $11.83M | $1.08M | $5.55M | -$69.43M | $81.34M | $40.43M | $30.57M | $14.94M | $124M | $103.8M | $79.6M | $82.3M |
| Net Cash from Operating | $616.8M | $581.8M | $670.3M | $391.4M | $641.1M | $562.1M | $456.2M | $448.9M | $326.4M | $446.6M | $344.4M | $263.9M | $279.6M | $143.8M | $55M | $124.8M | $267.6M | $106.6M | $190.5M | $141.4M | $186.7M | $66.6M | $25.2M | $115.17M | $49.83M | $86.76M | $48.01M | $74.66M | -$25.88M | $194.08M | $115.52M | $119.47M | $115.35M | $67.7M | $57.7M | $78.9M | $50.2M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$70.8M | -$108M | -$72.6M | -$70.3M | -$75.1M | -$56.8M | -$64.4M | -$85.2M | -$94.2M | -$80.7M | -$72.7M | -$86.1M | -$97.7M | -$69.9M | -$53.5M | -$53.5M | -$57M | -$66.1M | -$71.4M | -$68.2M | -$50.6M | -$48.4M | -$44.9M | -$42.47M | -$35.32M | -$40.52M | -$32.81M | -$27.85M | -$44.89M | -$37.8M | -$91M | -$76.13M | -$54.7M | -$46.9M | -$58M | -$72.6M | -$52.5M |
| Acquisitions | $0 | -$145.9M | -$16.8M | -$8M | -$207.6M | $56.8M | -$107M | $85.2M | -$43.1M | -$90.8M | $72.7M | $86.1M | -$4M | -$13.5M | -$417.4M | -$11.8M | -$78.5M | $0 | $0 | -$340.7M | -$14.8M | -$2.3M | -$4.8M | -$23.38M | -$117.99M | $0 | -$244.59M | -$126.27M | -$60.92M | -$1.11M | -$18M | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$42.7M | -$73.7M | -$63.1M | -$91.6M | -$185.4M | -$157.4M | -$272.7M | -$523.4M | -$583.5M | -$563.8M | -$428.8M | -$321.9M | -$132.7M | -$311.4M | $0 | -$48M | $57M | $0 | $0 | -$41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $60.5M | $60.5M | $128.4M | $178M | $118.2M | $226M | $478M | $595.9M | $562.7M | $435.1M | $315.4M | $202M | $226.2M | $308M | $0 | $4.6M | $8.9M | $12M | $0 | $53.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | -$56.8M | $0 | -$85.2M | $0 | $0 | -$72.7M | -$86.1M | $0 | $0 | $600.2M | $42.2M | -$47.4M | $0 | $0 | $0 | -$4.5M | $0 | $0 | $0 | $0 | -$1.44M | -$7.57M | -$9.31M | $599.58M | -$194.83M | -$20.36M | -$8.62M | -$2.15M | -$4.7M | -$8.8M | -$500K | $200K |
| Net Cash from Investing | -$53M | -$267.1M | -$24.1M | $8.1M | -$349.9M | $11.8M | $33.9M | -$12.7M | -$158.1M | -$300.2M | -$186.1M | -$206M | -$8.2M | -$86.8M | $129.3M | -$66.5M | -$117M | -$54.1M | -$71.4M | -$396.7M | -$69.9M | -$50.7M | -$49.7M | -$65.85M | -$153.31M | -$41.95M | -$284.96M | -$163.43M | $493.78M | -$233.75M | -$129.36M | -$84.75M | -$56.85M | -$51.6M | -$66.8M | -$73.1M | -$52.3M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | $37.6M | -$69.7M | $218.1M | -$150.6M | -$83.5M | $170.8M | -$62.6M | $189M | -$86.5M | -$74.1M | -$28.1M | -$34.2M | $51.5M | $218.8M | -$200.2M | -$5M | $91.1M | $40.1M | $61M | -$268.9M | $111.8M | -$5.7M | -$24.6M | $156.18M | -$79.44M | $33.38M | -$225.05M | -$24.44M | $143.82M | -$54.51M | -$22.49M | $31.61M | $44.44M | $16.4M | -$20.8M | -$4.5M | -$16.9M |
| Common Stock Issuance | $1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.7M | $0 | $11.4M | $8.3M | $12.9M | $3M | $2.6M | $133.23M | $1.41M | $816K | $1.15M | $224K | $3.76M | $539K | $49K | $1.9M | $3.17M | $6.7M | $800K | $400K | $100K |
| Common Stock Repurchases | -$400.8M | -$305.8M | -$306.5M | -$403.5M | -$366.5M | -$56.7M | -$287.7M | -$202.6M | -$139.1M | -$135.2M | -$128.1M | -$103.8M | -$73.7M | -$22M | -$23.5M | $0 | $0 | $0 | -$36.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.77M | -$33.24M | -$176.55M | $0 | $0 | -$138K | -$1.38M | -$700K | -$300K | -$2.4M | -$2.6M |
| Dividends Paid | -$195.7M | -$190.4M | -$183.5M | -$177.2M | -$170.1M | -$158.7M | -$149.2M | -$130.1M | -$96.9M | -$84.2M | -$67.8M | -$54.4M | -$42.6M | -$33.2M | -$27.7M | -$24.7M | -$21.4M | -$22.3M | -$21.5M | -$20.1M | -$19M | -$18.2M | -$16.8M | -$14.28M | -$12.32M | -$11.72M | -$11.17M | -$11.05M | -$12.68M | -$13.81M | -$12.13M | -$10.42M | -$12.2M | -$8.5M | -$9.8M | -$9.9M | -$10M |
| Other Financing Activities | $0 | $18.1M | $23.4M | -$700K | $32.1M | $11.4M | -$1.5M | -$1.4M | -$2.6M | $5.7M | $13.7M | $4.8M | $10.2M | $20.5M | $11.2M | $4M | -$4.8M | $2.1M | $11.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.8M | $168K | $884K | $28K | $642K | $2.13M | $2.23M | -$100K | -$2M | $0 | $0 |
| Net Cash from Financing | -$633.1M | -$408.4M | -$684.7M | -$430.8M | -$421M | -$374.8M | -$375.8M | -$523.1M | -$152.1M | -$139.6M | -$154.1M | -$119.2M | -$157.6M | -$253.5M | $160.2M | -$15.7M | -$109.6M | -$60.3M | -$107.7M | $257.1M | -$117.9M | -$9.5M | $10.4M | -$37.23M | $68.52M | -$44.28M | $214.05M | -$19.46M | -$328.4M | $41.27M | $11.05M | -$38.14M | -$52.62M | -$19M | $9.5M | -$7.4M | $4.4M |
| Forex Effect | $4.2M | -$6.6M | -$12.8M | -$20.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$16.1M | $9.1M | -$5.8M | $2.1M |
| Net Change in Cash | -$65.1M | -$100.3M | -$51.3M | -$52.1M | -$129.8M | $199.1M | $114.3M | -$86.9M | $16.2M | $6.8M | $4.2M | -$61.3M | $113.8M | -$196.5M | $344.5M | $42.6M | $41M | -$7.8M | $11.4M | $1.8M | -$1.1M | $6.4M | -$14.1M | $12.09M | -$34.95M | $526K | -$22.91M | -$108.23M | $139.49M | $1.6M | -$2.79M | -$3.42M | $5.88M | -$19M | $9.5M | -$7.4M | $4.4M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $616.8M | $581.8M | $670.3M | $391.4M | $641.1M | $562.1M | $456.2M | $448.9M | $326.4M | $446.6M | $344.4M | $263.9M | $279.6M | $143.8M | $55M | $124.8M | $267.6M | $106.6M | $190.5M | $141.4M | $186.7M | $66.6M | $25.2M | $115.17M | $49.83M | $86.76M | $48.01M | $74.66M | -$25.88M | $194.08M | $115.52M | $119.47M | $115.35M | $67.7M | $57.7M | $78.9M | $50.2M |
| Capital Expenditure | -$70.8M | -$108M | -$72.6M | -$70.3M | -$75.1M | -$56.8M | -$64.4M | -$85.2M | -$94.2M | -$80.7M | -$72.7M | -$86.1M | -$97.7M | -$69.9M | -$53.5M | -$53.5M | -$57M | -$66.1M | -$71.4M | -$68.2M | -$50.6M | -$48.4M | -$44.9M | -$42.47M | -$35.32M | -$40.52M | -$32.81M | -$27.85M | -$44.89M | -$37.8M | -$91M | -$76.13M | -$54.7M | -$46.9M | -$58M | -$72.6M | -$52.5M |
| Free Cash Flow | $546M | $473.8M | $597.7M | $321.1M | $566M | $505.3M | $391.8M | $363.7M | $232.2M | $365.9M | $271.7M | $177.8M | $181.9M | $73.9M | $1.5M | $71.3M | $210.6M | $40.5M | $119.1M | $73.2M | $136.1M | $18.2M | -$19.7M | $72.69M | $14.51M | $46.25M | $15.2M | $46.81M | -$70.77M | $156.27M | $24.52M | $43.34M | $60.65M | $20.8M | -$300K | $6.3M | -$2.3M |
| Cash at Beginning | $239.6M | $339.9M | $391.2M | $443.3M | $573.1M | $374M | $259.7M | $346.6M | $330.4M | $323.6M | $319.4M | $380.7M | $266.9M | $463.4M | $118.9M | $76.3M | $35.3M | $37.2M | $25.8M | $24M | $25.1M | $18.7M | $32.8M | $20.76M | $55.71M | $14.76M | $37.67M | $145.9M | $6.41M | $4.81M | $8.48M | $11.9M | $6.03M | $8.9M | $3.2M | $4.8M | $2.5M |
| Cash at End | $174.5M | $239.6M | $339.9M | $391.2M | $443.3M | $573.1M | $374M | $259.7M | $346.6M | $330.4M | $323.6M | $319.4M | $380.7M | $266.9M | $463.4M | $118.9M | $76.3M | $29.4M | $37.2M | $25.8M | $24M | $25.1M | $18.7M | $32.85M | $20.76M | $15.29M | $14.76M | $37.67M | $145.9M | $6.41M | $5.69M | $8.48M | $11.9M | -$10.1M | $12.7M | -$2.6M | $6.9M |